To trade safely on the Binance platform and achieve long-term profits while minimizing losses as much as possible, here are the most important methods and practical strategies
✅ 1. Trade with capital you can afford to lose
Do not invest all your money.
Allocate only a small portion of your income for trading (e.g., 5%-10%).
✅ 2. Adopt a "buy the dip" strategy (DCA)
Do not buy all at once.
Split your capital into portions and buy when prices drop.
Example: Instead of buying Bitcoin for 1000 Riyals at once, split it into 5 portions of 200 Riyals each.
✅ 3. Invest only in strong projects
Focus on high-value coins and reliable projects such as:
Bitcoin - Ethereum - BNB - SOL - AVAX
Do not invest in unknown coins or Meme Coins except with a very small amount.
✅ 4. Use stop loss
Always set a loss percentage you can tolerate for each trade.
Example: If you entered with 100 dollars, set a stop loss order at -10%, for example.
✅ 5. Do not chase quick profits or Pump & Dump
Stay away from channels or rumors that promise you a 100% profit within a day.
Emotional trading leads to losses.
✅ 6. Follow technical and fundamental analysis
Learn to read charts (candles - support - resistance).
Stay updated with market news, the Federal Reserve, currencies, and companies.
✅ 7. Regularly secure your profits
If you make a good profit on a trade, withdraw part of the profit or convert it to a stable coin like USDT.
✅ 8. Think like an "investor", not a gambler